Vita Coco (COCO) CCO's 10,801-share tax withholding isn't a sale
Rhea-AI Filing Summary
Vita Coco Company, Inc. (COCO) reported that Chief Commercial Officer Charles van Es had 10,801 shares of common stock withheld on August 15, 2026 at $65.21 per share to satisfy tax withholding obligations arising from the vesting and settlement of Restricted Stock Units. The related footnote explains this disposition was mandated by the issuer and was not a discretionary trade by the reporting person. After this withholding, van Es directly held 48,284 shares of common stock.
In addition, van Es continues to hold several Non-Qualified Stock Options (Right to Buy) over Vita Coco common stock, including options exercisable at $10.178, $15.00, $15.36, $16.91, $26.18, and $33.36 per share with expiration dates ranging from 2030 to 2035. Footnotes describe these options as either fully vested, vesting in scheduled annual installments, or having vesting tied to specified performance conditions that have been met for certain tranches.
Positive
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Negative
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 10,801 shares
Net Sell
9 txns
Insider
van Es Charles
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 10,801 | $65.21 | $704K |
| holding | Non-Qualified Stock Option (Right to Buy) F2 | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) F2 | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) F3 | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) F4 | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) F5 | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) F6 | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) F7 | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) F8 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 48,284 shares (Direct);
Non-Qualified Stock Option (Right to Buy) — 232,267 shares (Direct)
Footnotes (8)
- F1. The disposition reported on this Form 4 represents shares withheld to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units. The disposition is mandated by the Issuer and does not represent a discretionary transaction by the Reporting Person.
- F2. The stock option is fully vested and currently exercisable.
- F3. The stock option vests in four equal annual installments beginning on November 27, 2022.
- F4. The stock option vests in three equal annual installments beginning on August 15, 2025.
- F5. The stock option is eligible to vest if certain performance conditions are met by the target date for the applicable performance condition(s) and expire if the performance conditions are not met by the final target date. The performance conditions applicable were timely satisfied, resulting in vesting of the option as to 14,025 shares on February 20, 2026.
- F6. The stock options vest in four annual equal installments beginning on March 10, 2024.
- F7. The stock option vests in four equal annual installments beginning on March 4, 2025.
- F8. The Reporting Person was granted stock options that will vest in four annual equal installments on each anniversary of the grant date provided that the Reporting Person remains in continuous service on each vesting date.
Key Figures
Shares withheld for taxes: 10,801 shares
Withholding price per share: $65.21 per share
Common shares held after transaction: 48,284 shares
+5 more
8 metrics
Shares withheld for taxes
10,801 shares
Common stock withheld on August 15, 2026 to cover tax withholding obligations
Withholding price per share
$65.21 per share
Price used for the 10,801-share tax-withholding disposition on August 15, 2026
Common shares held after transaction
48,284 shares
Directly held Vita Coco common stock following the August 15, 2026 withholding
Option exercise price
$10.178 per share
Exercise price for an option over 53,750 underlying shares expiring February 10, 2030
Underlying shares for fully vested option
53,750 shares
Underlying common stock for fully vested, currently exercisable option at $10.178
Performance-vested shares
14,025 shares
Option shares vested on February 20, 2026 after performance conditions were satisfied
Highest option exercise price
$33.36 per share
Exercise price for an option expiring March 4, 2035 over 13,218 underlying shares
Latest option expiration date
March 4, 2035
Expiration date for the non-qualified stock option at a $33.36 exercise price
Key Terms
Restricted Stock Units, Non-Qualified Stock Option (Right to Buy), tax withholding obligations, performance conditions, +1 more
5 terms
Restricted Stock Units financial
"in connection with the vesting and settlement of Restricted Stock Units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Non-Qualified Stock Option (Right to Buy) financial
"security_title": "Non-Qualified Stock Option (Right to Buy)"
tax withholding obligations financial
"shares withheld to cover tax withholding obligations in connection with the vesting"
performance conditions financial
"eligible to vest if certain performance conditions are met by the target date"
vests in four equal annual installments financial
"The stock option vests in four equal annual installments"
FAQ
What insider transaction did Vita Coco (COCO) report for Charles van Es on August 15, 2026?
Vita Coco reported that Charles van Es had 10,801 shares of common stock withheld on August 15, 2026 at $65.21 per share to cover tax withholding obligations from vesting Restricted Stock Units. The issuer mandated this withholding, so it was not a discretionary sale.
Was the Vita Coco (COCO) insider transaction by Charles van Es a discretionary sale?
No. A footnote states the 10,801-share disposition represented shares withheld to cover tax withholding obligations upon RSU vesting and settlement. It further clarifies that the disposition was mandated by the issuer and does not represent a discretionary transaction by Charles van Es.
What stock options on Vita Coco (COCO) does Charles van Es hold according to this Form 4?
Charles van Es holds several Non-Qualified Stock Options on Vita Coco common stock with exercise prices including $10.178, $15.00, $15.36, $16.91, $26.18, and $33.36. These options expire between 2030 and 2035 and cover specified numbers of underlying shares.
Are any Vita Coco (COCO) stock options held by Charles van Es already vested and exercisable?
Yes. A footnote explains that one stock option position is fully vested and currently exercisable over 53,750 underlying shares at an exercise price of $10.178 per share, with an expiration date of February 10, 2030, giving immediate exercise capability.
How do performance conditions affect some Vita Coco (COCO) options held by Charles van Es?
One option grant vests based on performance conditions with a target date. The filing notes these conditions were timely satisfied, resulting in vesting of 14,025 shares on February 20, 2026. If such conditions were not met by the final target date, the option would have expired.
AI-generated analysis. How Rhea-AI works. Not financial advice.
